184-190 Whitaker Street, Te Aroha, Matamata-Piako

Let it pay, then play

•Established professional tenants
•Rear land adds value
•Central Te Aroha location
Fronting Whitaker Street, this multi-tenanted commercial property offers a practical investment that works from day one, with room to improve over time. The building is occupied by a mix of established professional tenants, including funeral services, an optometrist, and a hairdresser—businesses that rely on location, visibility, and repeat local demand. One tenancy is currently vacant, allowing an incoming owner to lease the space and immediately strengthen the income profile.
The layout and positioning support long-term tenancy, with main street exposure and easy access for clients and staff. These are service-based uses that tend to stay put, providing a stable foundation for investors seeking dependable cash flow. To the rear of the site is an area of vacant land that opens up further possibilities. Subject to council approval and buyer due diligence, this space could be explored for development, expansion, or alternative use—offering the chance to add value once the income is secured.
This is a property that can be held comfortably as-is, while giving the buyer options to work the asset harder over time. Secure the income first, then decide how far you want to take it.